Well, well, well. The whales are back at it again, doing what they do best: making us all question our life choices while they make million-dollar decisions from their yachts (or, let’s be honest, their mom’s basements).
Dogecoin Whales: Because Who Needs Sleep?
Ali Martinez (who I assume lives on caffeine and pure crypto speculation) just dropped a spicy new thread on X about Dogecoin whales getting twitchy with their wallets. Our favorite stat-of-the-day: “Supply Distribution”—which sounds like something you learn about in 8th grade math, but is actually how much DOGE big shots have stuffed away like digital squirrels prepping for crypto winter.
For the uninitiated, Dogecoin holders split into groups based on their stashes. Picture it like a high school lunchroom: you’ve got folks with 1 to 10 DOGE at the nerd table, and then, way over at the cool kids’ end, the prodigal sons and daughters sitting on up to 10 million DOGE each. (Minimum required for entrance: $180,000 and an inability to resist memes.)
True, this isn’t the absolute tip-top of the DOGE mountain, but we’re still in nosebleed territory. You don’t get here by accident—or maybe you do, if you accidentally bought DOGE in 2013 and forgot about it until Snoop Dogg started tweeting dog emojis.
Here comes the proof, actual chart alert:
The 1 million to 10 million DOGE crew dumped some coins last week. Were they taking profits? Did they lose faith after yet another Elon Musk meme? Possibly both.
But plot twist! The price rally fizzled, and these crypto heavyweights transformed from sellers into buyers again—grabbing 100 million DOGE. Let me say that more clearly: That’s $18 million in a week, and probably as many existential crises.
The net result? Even after the drama, this clique now holds more DOGE than before. It’s basically the crypto version of eating two slices of cake after you promised you’d only have a “small piece.”
This could mean good news for DOGE’s price—or, in true crypto style, the opposite, if the group suddenly decides to cash out, buy an island, and never tweet again. As always, keep your eyes peeled and wine handy. 🐕🚀
DOGE Price: Volatility? Don’t Know Her
Yesterday, DOGE dipped below $0.167. Did people panic? Obviously. Did they need to? Maybe. Now DOGE is back in the $0.180 neighborhood, refusing to make up its mind like the rest of us trying to pick a takeout place.
Will whales keep buying, or will they swim away to another meme coin? Place your bets and remember: fortune favors the bold, but memes favor literally everyone.
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2025-05-02 15:45